Listener Question - Let’s Talk About Menu Pricing!

08/05/22 • 9 min

Kitchen Notes: A Podcast by Bakery Business Academy

“What should I charge for these chocolate chip cookies?"
"What you would pay for a 6" custom cake?"
"Can I price these croissants at $4?”

In this episode, we’re talking about the number one question we hear from our community, and it’s probably no surprise it’s about pricing your products!

We also give you the rundown on:

The fact that there’s no one right and easy answer for how to price everything you make — but there ARE some things you should take into account when figuring out your answer.
Some tools and resources you may find helpful in getting your pricing nailed down.

If you're looking for more help with pricing your products, we have a course for that! Recipe Costing Essentials is our introductory recipe costing e-course for bakers and food entrepreneurs. To learn more or sign up, please visit RecipeCostingEssentials.com
Thank you for listening – if you like what you hear, be sure to leave us a rating or review on iTunes! That helps us know what you’re enjoying and bring you more content that is relevant and helpful to you.

We also give you the rundown on:

The fact that there’s no one right and easy answer for how to price everything you make — but there ARE some things you should take into account when figuring out your answer.
Some tools and resources you may find helpful in getting your pricing nailed down.

Previous Episode

Trust The Data: What Numbers We Track To Run A Profitable Bakery Business

Ever wondered what KPIs are — or why they matter for a bakery business? Let's talk about Key Performance Indicators!

During this episode, Molly and Meg share how whether it’s turning a profit, saving for unexpected expenses, paying off business debt, or paying yourself regularly, knowing your numbers makes all the difference in meeting your goals.

In this episode, we talk about:

Why making data-driven decisions is critical for small business owners with tight margins.
How your business model impacts which numbers matter the most.
All the different things you need to factor in when determining your own KPIs.

Thank you for listening – if you like what you hear, be sure to leave us a rating or review on iTunes! That helps us know what you’re enjoying and bring you more content that is relevant and helpful to you.

Next Episode

Finding Your Financial Footing with Daliah Fritz

Do bookkeeping and handling the finances for your bakery business feel like a huge chore? Do you feel intimidated trying to make all the numbers work from one month to the next?
If so - we’ve been there too! And one of the best decisions we’ve ever made in our business was to hire an expert to assist us with money management!
In the episode, we’re sitting down with Daliah Fritz, CEO of Fritz Financial Solutions (formerly My Small Business Pro). Daliah prides herself on helping her clients worry less about money, and concentrate on building their business. She has helped countless businesses whip their organizations into STRONG financial shape (including ours!), and she's sitting down with us to talk about why starting off on the right foot with your finances can make a big difference in the success of your bakery business.
During our chat, we also get into:

How putting off handling finances actually costs you MORE in the long run
Why having your taxes in order is absolutely critical
How understanding all the numbers in your business can help increase your profit margin
The reasons why creating systems for your finances is the key to plugging any money “holes” in your business
...and so much more!

You can learn more about Daliah at MySmallBusinessPro.com
Thank you for listening – if you like what you hear, be sure to leave us a rating or review on Apple Podcasts! That helps us know what you’re enjoying and bring you more content that is relevant and helpful to you.